#TRXETF (TRX) is currently trading at $0.24 with a 1.38% increase in the last 24 hours. Here are some key market trends to watch ¹ ²:
- *Market Capitalization*: $22.97 billion - $23.21 billion, ranked #9 in cryptocurrency market capitalization
- *24-Hour Volume*: $431.01 million - $396.63 million, indicating moderate trading activity
- *Circulating Supply*: 94.94 billion - 95 billion TRX tokens
- *All-Time High*: $0.4407 (December 3, 2024)
- *All-Time Low*: $0.001091 (September 15, 2017)
*Recent Developments:*
- Canary Capital has applied for a TRX staking ETF, which could potentially increase investor interest
- The Delegated Proof of Stake (DPoS) consensus mechanism of TRON allows for high throughput and energy efficiency
- The TRON network supports smart contracts, decentralized applications, and direct creator-to-consumer interactions
*Price Performance:*
- *1-Day Change*: +1.36% - +1.38%
- *1-Week Change*: -0.96%
- *1-Month Change*: +5.16%
- *1-Year Change*: +121.44% ²